Wednesday, December 28, 2011

Upcoming Budget Challenging

  • {Frankfort, Kentucky}...Governor Steve Beshear says the upcoming budget cycle is expected to be the "most challenging" yet. Beshear said Wednesday that finances will be especially tight now that federal stimulus money has been used up. He said he will push for tax reforms to raise revenue and for a gambling amendment that could be a source of cash for the state, but he doesn't expect to apply any potential revenue from those sources to a budget he will propose early in a legislative session that begins next week.